Faisal’s Business Volume Up 16.7% In October

By Administrator On Dec 2, 2012

Faisal Islamic Bank of Egypt’s volume of business rose to EGP 40152 million in October 2012, compared to EGP 34418 million in October 2011, registering an increase of 16.7%.

The bank’s assets reached EGP 40015 million last October, compared to EGP 34263 million in October 2011, registering a growth rate of 16.8%. The current accounts and savings pools stood at EGP 36471 million, compared to EGP 31873 million, registering an increase of 14.4%.

The investments balances reached EGP 37877 million in October 2012, compared to EGP 32278 million a year earlier, registering an increase of 17.3%.

The liquid assets stood at EGP 2203 million in October 2012, compared to EGP 2604 million in October 2011, registering an increase of 15.4%. The provisions reached EGP 1659 million last October, down from EGP 1953 million a year earlier, registering a retreat of 15%.